Updated October 31, 2008 12:00 AM
While the global economic slowdown is seen to have less direct impact on the Philippine financial system, these times still call for prudence in making high-risk investments.
Filipino Expatriates who especially want to hedge their savings and do not want to invest in the volatile markets overseas may find an answer in hard quality assets, such as Philippine real estate.
According to Dr. Krassimir Petrov of Financial Sense: “Real assets hedge better than paper assets. By definition, real assets have a value of their own. Inflation does not erode their value.”
Meanwhile, Marco Antonio, managing director of Century Properties, points out that while real estate may have an intrinsic value, investors must still choose wisely, using these tried and tested cardinal rules:
Choose a well-located property so you are assured of value appreciation. A property located in central business districts or city centers will maintain high marketability. If you choose not to use it, you can always sell it, rent it out, or have it leased. Century’s The Knightsbridge Residences, for instance, offers the smartest location of the metropolis – in Kalayaan Avenue in the heart of Modern Makati, and within the fully-integrated development Century City.
Choose a reliable developer that has a proven track record of completing its projects on time. Look for a developer that has gained valuable experience and built successful projects even throughout different real estate cycles.
Visit The Knightsbridge Experience on the 2nd floor, high-rise tower of The Pacific Star Building, on the corner of Makati Avenue and Sen. Gil Puyat Avenue, Makati City. For more information, visit www.knightsbridge.com.ph or call 818-9025, 0915-700-2000, +63917-5555-274 (CPI) or +
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